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Gennex Laboratories Right Issue Details 2022, Entitlement, Record Date

Right Issue Status: Open [5th Aug 2022 to 19th Aug 2022]

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Gennex Laboratories Right Issue Detail

Gennex Laboratories Limited Right Issue of Rs 37.95 Cr opens for subscription from August 05 to August 19, 2022. The company issues 1 right equity shares for every 2 fully paid-up equity share held on the record date, 22 July, 2022. The face value of a share is Rs. 1 per share and the right issue price is fixed at Rs. 6 per share with Rs 5 as premium per share. Stay updated with us to know more about the Gennex Laboratories Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.

Gennex Laboratories Right Issue Objective

The company aims to raise funds from the right issue towards the following objectives:

  • Meet incremental Working Capital of the Company.
  • Meet General corporate purposes.
  • Investing further in Deccan Remedies Ltd.
  • Repayment of borrowings.

Gennex Laboratories Right Issue Details

Gennex Laboratories Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 6.32 Cr Eq Shares
Right Issue Issue Size (Amount) ₹37.95 Cr
Face Value ₹1 Per Equity Share
Right Issue - Issue Price ₹6 per share
Right Issue Record Date 22nd Jul 2022
Right Issue Entitlement 1 Rights Equity Share for every 2 Equity Shares held on the Record Date
Right Issue Terms of payment ₹1.50/- per Equity Shares to be paid on application and remaining ₹4.50/- per on First and Final Call.
Listing At BSE
BSE Code 531739
NSE Code

Gennex Laboratories Right Issue Dates

In this section we have covered all important dates related to Gennex Laboratories Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

Gennex Laboratories Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 5th Aug 2022
Right Issue Issue Close Date 19th Aug 2022
Basis of Allotment Finalisation Date* 25th Aug 2022
Refunds Initiation* 26th Aug 2022
Credit of Shares to Demat Account* 31st Aug 2022
Right Issue Listing Date* 2nd Sep 2022

* - Tentative Dates

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About Company - Gennex Laboratories

Incorporated in the year 1995, Gennex Laboratories Ltd is a Pharmaceutical Ingredient Manufacturer located in Bollaram Industrial Area. The company product segment includes Expectorants, Muscle Relaxants, Analgesic, and Anti Fungal medicines. Its major business comes from exports in more than 50 countries across 5 continents.

The company has been providing services in the Indian market for the past 20 years. It is ready to set up another facility in Hyderabad with Major Regulatory Market approvals such as USFDA, COFEPRIS, TGA, and EDQM.

Gennex Laboratories Right Issue Strengths

Gennex Laboratories Financials

Past performance and financial results of Gennex Laboratories.

Gennex Laboratories Financials (₹ in Lakh) 31-Mar-2022 31-Mar-2021
Total Assets ₹6,820.90 ₹5,908.44
Total Income ₹6,259.51 ₹6,017.34
Net Profit/Loss ₹410.54 ₹403.81

Company Address

Gennex Laboratories Ltd
Akash Ganga’ 3rd Floor Plot No.144, Srinagar Colony
Hyderabad,Telangana-500073
India
Website: https://www.gennexlab.com/
Phone: +91-40-67334400
Email: [email protected]

Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Website: http://www.bigshareonline.com
Phone: +91-22-6263 8200
Email: [email protected]

Lead Manager

  1. Quintessence Enterprises Private Limited

Gennex Laboratories Right Issue Offer Document (Letter of Offer) >>Document

Gennex Laboratories Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

Gennex Laboratories Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Gennex Laboratories? Should I apply in Gennex Laboratories Right Issue?

Last Updated on 2022-08-03T00:21:03+00:00


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